Inheritance question in construction financing

1) If you are listed in the land register, you do not have to inherit because it already belongs to you/or the bank, hehe. 2) Half-siblings do not have a compulsory share. Only children have that. (without guarantee) 3) He should nevertheless make a will. Please do so with a lawyer if it is more complicated.

Thank you already for the answers. He wanted to surprise me with it yesterday because I've always said he should sort something out for emergencies. I don’t really want to be on the land register now; the house is supposed to remain his after all. Because as someone already said, we could separate again. I think then he wouldn’t want me to be on the land register anymore either ;-)

But I do think the inheritance will go to the half-siblings if there’s no other heir.

On the other hand, I also can’t imagine that I’m something like a guarantor now (that’s how I understood it from some of you), because I myself haven’t signed anything. I never would!

Phew, when the new letter comes (it should, actually), I have to take a close look at what role I’m listed in there.

The best thing would probably really be marriage... but of course, I won’t rush that now. But if necessary, a will really has to be made so that in an emergency not everything goes to complete strangers or the bank.

Thanks again for your answers, you definitely supported me in my feeling that this can’t be right!

Hi,

Thanks already for the answers. He wanted to surprise me with this yesterday because I always said he should arrange something for emergencies. I don't particularly want to be in the land register now; the house is actually supposed to remain his. Because as someone already said, we could separate again. I think then he wouldn’t want me to be listed in the land register anymore ;-)

I still don’t quite get it. In which contract did your boyfriend include you? In the financing? Congratulations, then you are fully liable now but without an entry in the land register you have no rights to his house?!? That really makes little sense as a precaution; with that your boyfriend/your bank advisor has pulled a nasty trick on you.

If the situation is as you described it, in the event of your boyfriend’s death you would be fully liable for the debts while the half-sister (since there are no parents anymore) gets the house, and completely! Again: You the debts, she the house!

That’s not exactly what I understand by “arranging something for emergencies”!

So again: which contract is it actually about?

If he put you in the land register without being married, “look forward” to the next letter from the tax office. You have a tax exemption of €20,000; the value above that you must tax at 30%. That quickly results in €50k-€80k in taxes for a normal house...

I hope for you that he simply made a will with you as the sole heir. But even then, as an unmarried partner you will have to pay so much inheritance tax that you probably won’t be able to keep the house! Then again: €20k exemption, the rest taxed at 30%!

Best regards,

Andreas

Surprised by the liability for a loan? That’s quite a surprise.

First question before all other, partly already explained things above:

Have you signed anything anywhere so far???

You write that you have not signed anything. Then your boyfriend could neither have included you in the land register nor in the financing. You should take the advice to seek legal advice for your protection. All the best.

Hey,

so I haven’t signed anything, which means for me that I also can’t take on the house’s debts as a "guarantor." If such a letter comes that I’m supposed to sign, I’ll 1. see exactly what it says and 2. wouldn’t sign it if it’s negative. I’m not that stupid.

And to set this straight, this whole thing is not a safeguard for me. My boyfriend wanted his property to go to me in the event of death and not to complete "relatives." I have my own house and wouldn’t end up on the street.

I’m now waiting for the letter and will take a close look at it. I honestly can’t imagine that our advisor would hand me such a mess, but I’ll check it thoroughly. However, I think no matter what it says, it’s not what we had in mind.